Gold 1 Hour Trend Update 25-08-2020 23:00:04 by Spider Signals Call Now 9389717003 / 6399968940
At 25-08-2020 23:00:04 Gold trading at 50900 with high of 50949 and low of 50869
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In 1 Hour Gold Chart as per Spider Signals AI Trend we can see the trend is Bearish
The Gold RSI (Relative strength index) 14 is trading at Range and value is 31.7
The Gold CCI (Commodity Channel index) 14 is trading at Range and value is -123.2
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In 1 Hour chart Gold price continues to trade at 50900 and below the (Spider Signals AI Trend ) with value of 51636 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish
However, if Gold continues to trade below 51636 level, that could be an extraordinarily Bearish sign for Gold
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The expected trading range for Gold today is between 50884.7 support and 51938.7 resistance.
Pivot (invalidation): 51558.3
Today Gold Support & Resistance Levels by Spider Signals
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| Gold Pivot / Support / Resistance | Values |
|---|---|
| Gold Pivot | 51558.3 |
| Gold Support 1 | 50884.7 |
| Gold Support 2 | 50504.3 |
| Gold Support 3 | 49830.7 |
| Gold Resistance 1 | 51938.7 |
| Gold Resistance 2 | 52612.3 |
| Gold Resistance 3 | 52992.7 |
Today till now @ 25-08-2020 23:00:04 Gold trading at 50900 with high of 51533 and low of 50820
Yesterday Gold Closed at 51265 with low of 51178 and High of 52232
This report is published by www.spidersignals.com using AI & Deep learning analysis